Webwire: Synchronica founders quit; OTE staff trade cash for jobs

Shares in mobile messaging company Synchronica took a hit on Friday after co-founders Carsten Brinkschulte and Nicole Meissner stepped down following disagreements on company restructuring
Workers at Greece's OTE have agreed to an average pay cut of 11% in exchange for a pledge by the operator not to lay off any employees.
Reports Google is planning an MVNO venture in Europe - starting in Spain - appear likely to be a hoax.
The UAE's Etisalat has lit its domestic LTE network and aims to launch services within a month.
PCCW expects to raise HK$10 billion (€953 million) by spinning off its telecom assets into a separately listed business trust, which will have a market cap of at least HK$28.6 billion.
China's ZTE plans to launch its first 4G smartphones in 2Q next year, and has already started preliminary negotiations with overseas operators.
Attacks on Australian defense networks have increased by more than 350% over the last two years, with systems currently facing more than 30 incidents per day.
Officials at a maximum security Thai prison have unearthed a scheme to smuggle mobile phones and accessories into the facility using a radio-controlled helicopter.